De.mem to Make its European Debut with a Range of Revolutionary Membrane Technologies
Published on by Water Network Research, Official research team of The Water Network in Business
Water treatment company De.mem has unveiled plans to make its European debut after announcing the planned acquisition of a German technology company.
By George Tchetvertakov
Image Source: demembranes.com
De.mem is advancing a range of new and revolutionary “membrane technologies” to capitalise on the currently fragmented de-centralised water treatment market – a means for industrial companies to cleanse their water supply as part of their operations.
Earlier this morning, De.mem confirmed it had signed a non-binding term sheet to acquire 75% of a German water treatment technology company, in exchange for A$865,000.
The acquisition target supplies services and solutions for industrial wastewater treatment across Germany and is within striking distance of neighbouring markets in Holland and Belgium.
The deal is expected to reaffirm De.mem’s commercial position after the company reported the strongest revenue-generating quarter in its 4-year history, with cash receipts of around $3.3 million in the past quarter.
De.mem has said that the acquisition will be value-accretive and will add to the company’s bottom line in the next financial year after the deal completes in early 2019.
Read the full story on Small Caps
In an interview with TechInvest Magazine , De.mem COO, Andreas Kroell, talked about the company and what investors should be looking out for in future developments. Video Source: TechInvest YouTube Channel
Attached link
http://www.youtube.com/embed/m1sTlpa63RUMedia
Taxonomy
- Treatment Methods
- Industrial Wastewater Treatment
- Decentralized Wastewater
- Cooling Boiler & Wastewater
- Membrane Bioreactor Systems
- Water Treatment & Control
- Industrial Water Treatment
- Waste Water Treatments
- Membranes
- Wastewater Treatment
- Water Treatment Solutions
- Industrial Water Treatment
- Industrial Water Reuse
- Industrial Water Managment
- Polymeric Membranes
- Membrane Technology
- Membrane Filtration
- UF membranes/cassettes for waste water treatment MBR
- Membrane distillation